Paris and Madrid are expected to reach fair value by the end of this year, according to DTZ's Money into Property Europe report. While 2009 will continue to see no near-term end to market misery in property markets across the region, broad value will gradually return to Continental Europe over the next 12 months, the report added.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
